NU Online News Service, May 10, 3:08 p.m. EDT
The catastrophes of 2011 were notable for their frequency and severity, and insureds should take away lessons from the year regarding what to look for in insurance policies to maximize coverage for future events, insurance broker Marsh says.
“Catastrophes provide the insurance industry with a profound opportunity to demonstrate its value and its important role in the process of regeneration,” says David Pigot, chairman, Global Claims Practice for Marsh in the brokerage's report, “Lessons Learned from the Catastrophes of 2011: The Marsh Point of View.”
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